Director, Product Management - Process Simulation
AspenTech · Bedford · $196,800–$246,000 (stated in the posting)
The driving force behind our success has always been the people of AspenTech. What drives us, is our aspiration, our desire and ambition to keep pushing the envelope, overcoming any hurdle, challenging the status quo to continually find a better way. You will experience these qualities of passion, pride and aspiration in many ways — from a rich set of career development programs to support of community service projects to social events that foster fun and relationship building across our global community.
The Role
AspenTech is seeking a Product Management Director to lead our Process Simulation software Aspen HYSYS, the industry's leading process simulation solution for the energy sector.As a key leader within the Product Management organization, you will define and execute the product strategy for Aspen HYSYS while driving market growth, customer adoption and solution differentiation. Reporting to the Senior Director of Product Management, you will lead a team of product managers and collaborate closely with Product Marketing, Sales, Services, R&D and Solution Consulting to ensure the continued success of AspenTech's Process Simulation portfolio.
Your Impact
Product Vision, Strategy, and Sharp Execution
- Define and execute the product strategy and roadmap for the product, backed by financial assessment such as a business case
- Responsible for Agile roadmap for the product lifecycle (ideation and formation through execution), specifying the positioning, pricing, differentiation, competitive strategy, and definable value and proof points
- Aligns the product vision and strategy to overall Performance Engineering and AspenTech objectives
- Monitor industry trends, competitive developments, and customer requirements.
Customer Engagement and Customer Centricity
- Build strong relationships with key customers, industry leaders, and strategic partners.
- Serve as a thought leader and advocate for AspenTech process simulation solutions internally and externally
- Champion customer-centric product development, balancing market needs, innovation and business objectives.
Portfolio Ownership and Growth Focus
- Drive business growth through increased customer adoption, expansion into new markets, and successful introduction of new capabilities.
- Drive innovation initiatives that strengthen competitive differentiation and market leadership, with close collaboration with R&D and other teams such as AI, UX and other product portfolios
- Support evaluation of potential technology acquisitions and strategic partnerships that can accelerate market growth and product differentiation.
- Partner closely with Product Marketing, Sales, Services, Solution Consulting to drive growth
- Facilitate cross-functional collaboration and successful outcomes.
People Leadership
- Lead and develop a high-performing Product Management team, fostering a culture of accountability, innovation and customer focus.
- Responsible for hiring, coaching, retaining talent as well as actively managing performance
- Lead from the front and create a best-in-class Product team
What You'll Need
- Bachelor's degree in Chemical Engineering, Petroleum Engineering, Process Engineering or related discipline. MBA a plus.
- 5+ years of experience in the petroleum, energy, or process industries.
- Strong understanding of process simulation technologies and workflows.
- Excellent communication, presentation, and stakeholder management skills.
- Demonstrated ability to influence and collaborate across functions and organizational levels.
- Preferred Qualifications:
- Product Management experience within industrial software, engineering software or process industries.
- Experience leading or mentoring Product Management teams.
- Knowledge of Agile product development methodologies.
- Experience working with process simulation solutions such as Aspen HYSYS or similar technologies.
- Experience developing product strategies, business cases, and growth plans for enterprise software products.
- Key Competencies:
- Execution Focus: Knows how to get things done but also has the grit and resilience to drive execution. Pays close attention to detail, and monitors progress well
- Outcome Orientation: This individual will be energized by a challenge and will stretch their team to achieve significant outcomes. Demonstrated ability to successfully introduce new products/services to market that is timely, cost-effective, and fully meets the needs of the target segment
- Strategic Orientation: The successful candidate will be able to clearly identify and articulate evolving priorities for the business and frame business strategies and strategic direction for his/her area of business, underpinned by intensive market analysis, immediate customer feedback, and competitive analysis to drive solution development.
- Collaborating and Influencing: The successful candidate will communicate with conviction and clarity, whether working with the senior executive team, internal organizations, or customers. They will have a natural inclination toward leading through collaboration and seek input and buy-in from key players across the company and their team. They will also demonstrate the personal flexibility to adapt to proven corporate philosophies and practices, as well as contribute new, innovative thinking.